Oct 22October 2022

2nd Bidding

Renew COE
Renew COE
COE Prices 19/10/2022
COE Category

CAT A

Car ≤ 1600cc & 130bhp, or 110kW

CAT B

Car > 1600cc & 130bhp, or 110kW

CAT C

Goods vehicle & bus

CAT D

Motorcycle

CAT E

Open - all except motorcycle

Quota Premium

$81,089

$110,000

$70,201

$12,801

$108,003

$588

$14,144

$4,210

$1,050

$3,002

PQP

$82,465 (Oct)
$83,247 (Nov)

$109,643 (Oct)
$107,652 (Nov)

$59,344 (Oct)
$63,894 (Nov)

$11,132 (Oct)
$11,591 (Nov)

-

Quota

559

470

91

516

164

Bids Received

714

848

297

632

285

CAT A (CARS ≤ 1600cc & 130bhp, or 110kW)

Quota Premium

$81,089

PQP

$82,465 (Oct) / $83,247 (Nov)

$588

Quota

559

Bids Received

714

CAT B (CARS > 1,600cc or 130bhp, or 110kW)

Quota Premium

$110,000

PQP

$109,643 (Oct) / $107,652 (Nov)

$14,144

Quota

470

Bids Received

848

CAT C (GOODS VEHICLE & BUS)

Quota Premium

$70,201

PQP

$59,344 (Oct) / $63,894 (Nov)

$4,210

Quota

91

Bids Received

297

CAT D (MOTORCYCLE)

Quota Premium

$12,801

PQP

$11,132 (Oct) / $11,591 (Nov)

$1,050

Quota

516

Bids Received

632

CAT E (OPEN-ALL EXCEPT MOTORCYCLE)

Quota Premium

$108,003

PQP

-

$3,002

Quota

164

Bids Received

285

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188 Comments

Jamil Bin Abdul Rahman
There is an easy way to moderate the price of COEs. It was suggested long ago. Make people pay according to their bids and not the lowest of the successful bidding.
Reply

24 days ago

Dennis Gan

COE a piece of paper can cost over 100k. No wonder our neighbours country comment our government easy earn money from citizens.

Government should divide 2 categories. COE A for taxi and Grab companies to bid and COE B should for normal car (refer to household need car) to bid. Like this COE will not be spike because of taxi and Grab company massive bid COE

Reply

about 1 month ago

Deen
COE - A scam by the govt. to extort 70% of the value from car-owners , that too by instant cash ! Not even instalment basis. Burgers ! HaHa ;)
Reply

about 2 months ago

Ks Ng

HDB is 99yr lease vs 10yr COE.

$1m COE (expense) for 99yr of depreciating car ownership.

Reply

3 months ago

Tan Sek Hee
Everybody need a hdb to stay but you can take public transport mrt correct
Reply

3 months ago

Glossary

Quota PremiumPrice of the successful COE bid.
ChangeDifference between current price of COE and the previous price.
QuotaNumber of COE issued.
Bids ReceivedNumber of bidders participating in this COE bidding round.
Prevailing Quota Premium (PQP)Amount to be paid for COE renewal. Computed from 3-month moving average of COE prices.